Industrial Property for Sale in Syracuse, NY

  • Price: $2.8M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Syracuse, NY 13206
  • Size: 33,600 SF

Description

33,600 SF industrial/flex building for sale. Located on the corner of Eastbourne and Meade. Building is occupied by four tenants with separately metered utilities. Long term tenants with renewals in place. New LED lights, bathrooms, offices, and upgraded electric. New metal exterior. Easy access off Court Street and close to major interstates (I-90, I-690, and I-81).

Market Context

This industrial in Syracuse, NY is listed for sale at $2,750,000 across 33,600 SF. It has been on the market for 206 days. Compare it against other industrial listings for sale in Syracuse, NY — <a href="/search/sale/industrial/new-york/syracuse">view the full market</a>.

As of Q4 2023, the Syracuse industrial market showed a 4.1% vacancy rate, and rents up 2.5% year over year. Source: Cushman & Wakefield Q4 2023 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Industrial market FAQ

Is the Syracuse industrial market tightening or softening?
Vacancy is around 4.1%, with asking rents rising year over year (Q4 2023).

Unified Estimate

Very Low Confidence

$16.15/SF – $21.85/SF

Mid: $19.00/SF

Total estimate for 33,600 SF: $638,400

Cost-of-business estimate only; rate estimator unavailable.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market fort-lauderdale (similarity: 100%) with 7 comparable listings.

Contact

  • James A. Laurenzo — Associate Real Estate Broker - Pyramid Brokerage

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